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Relative Strength Index (RSI) A popular oscillator developed by Welles Wilder, Jr. and described in his self-published 1978 book "New Concepts in Technical Trading Systems." RSI is plotted on a vertical scale from 0 to 100. Values above 70 are considered overbought and values below 30, oversold. When prices are over 70 or below 30 and diverge from price action, a warning is given of a possible trend reversal. See ChartSchool article on RSI.
Posts: 1208 | From: SS, Texas, USA | Registered: Feb 2004
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quote:Originally posted by realityinc21: GOOD MORNING ALL,
GOOD TO SEE HAPPYNESS BACK IN QBID LAND. MAKE FOR A VERY PLEASANT DAY.
QBID is unchanged today. In the past 6 months, QBID is in an UP trend with an average daily volume of 481.79 million shares. It is a liquid penny stock, suitable for frequent trading. QBID is oversold. http://www.tradetrek.com/NN/default.asp?symbol=QBID
Diana, I was wondering if you could tell me what you mean by and what the recourses are of QBID being oversold.
Thanks, Colorado
Posts: 31 | From: Woodland Park, CO US | Registered: Apr 2004
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RSI below 30 is a strong signal that a security is "oversold" meaning it could definitely be undervalued. So once QBID's RSI goes below 30 it will be a technical buy, although technicals usually arent the most important things with pink sheet stocks.
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Almost every buy has been matched with an identical sell the last few minutes. Does anyone know exactly what this is being done for? Just MM's trading between eachother? Thanks, Ryan
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I get the FEELING someone WITH A LARGE POSSITION is dumping shares SLOWLY !!
Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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saw order go thru for 300,bout 10 min ago,think that means take price down cause mm need more shares,
Posts: 72 | Registered: Mar 2004
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Today I'm not going to panic. Good luck to the daytraders, but I'm just going to try to amuse myself... and hopefully some of you. So in the spirit of Dr.Qeuss:
one bid two bid you bid qbid?
poo poo qbid? U4 boo hoo bid
you bid? screw bid! those with no clue bid
stubid? you're stubid cat fights over qbid
todd bid "i do" bid the arrow of cubid
you bid? it's a zoo bid need drugs to get us thru bid
you bid qbid? we're the tried and true bid
woo hoo bid! chalubid! vegas room with a view bid!
i bid you bid we all bid for qbid
Posts: 1872 | From: right here | Registered: Apr 2004
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PINCH ME !!! are moving back up? PERHAPS the man with the most SHARES has sold ALL of them by NOW !!!
Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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I don't know... I can still see us flying back down to 0.0086 again... day is still young
Posts: 1153 | From: northeast | Registered: Apr 2004
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News Flash. Earth_SHAKER has declared that the FAT man with the most Shares is now SOLDOUT !!!! GREAT NEWS !!! NOW we move back UP !!!!!!!
Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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Resistance is at $4.00 and once we get through that "THE SKY IS THE LIMIT"
Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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To be honest my feeling about this was it was planned. Thee MM's got wind of the press release and wasn't ready for a big increase. So they twisted the facts, test signal - soft launch, to drive this stock down to buy big for the next run. I think if you have read my past post, you know I don't pump this stock, I think it going over .10 which is a 1000% increase but can't see it hitting a $1.00 but I really think it was about to run big and they weren't ready.
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I think this QBID is a bargain RIGHT NOW. Wish I had some more money to invest.
Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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